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The Standard for Earned Value Management
book

The Standard for Earned Value Management

by Project Management Institute
December 2019
Intermediate to advanced content levelIntermediate to advanced
150 pages
5h 48m
English
Project Management Institute
Content preview from The Standard for Earned Value Management
71
the project. This measure should not be confused with the measures of scope accomplishment (i.e., scope data), for
example, physical measures (e.g., m
2
, drawings).
To summarize, the collection of cost data includes the information on efforts that have been authorized and incurred
and may include both direct and indirect costs. Cost data provide a measure of what has been invested, whereas
scope data are a measure of what has been delivered. This information, once collected, processed, and organized, is
used to determine the actual cost to date.
4.4 MANAGING PERFORMANCE
Managing performance is the process of comparing actual cost, schedule, and ...
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Publisher Resources

ISBN: 9781628256390